tag:blogger.com,1999:blog-8152901575140311047.post6284438040198078110..comments2018-05-24T11:21:31.984-04:00Comments on Musings on Markets: The Dark Side of Globalization: An Update on Country Risk!Aswath Damodaranhttp://www.blogger.com/profile/12021594649672906878noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-8152901575140311047.post-44937068661346662422017-07-18T23:41:30.411-04:002017-07-18T23:41:30.411-04:00Apparently, the American trope about &#39;crisis&#...Apparently, the American trope about &#39;crisis&#39; being a combination of &#39;danger&#39; and &#39;opportunity&#39; in Chinese is a mis-translation.<br /><br />See https://en.wikipedia.org/wiki/Chinese_word_for_%22crisis%22<br />(&quot;Referencing the word has since become a staple meme for American business consultants and motivational speakers, as well as gaining popularity in educational institutions, politics and in the popular press&quot;)<br /><br />Perhaps a Chinese-speaking reader of the blog can corroborate.romanhttps://www.blogger.com/profile/15149178641461029358noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-56959455316961965102017-07-17T13:06:28.080-04:002017-07-17T13:06:28.080-04:00I remember in 2012 when the United States was in r...I remember in 2012 when the United States was in risk of default. The issue about country risk was tricky for valuations performed in emerging countries.PERITOhttps://www.blogger.com/profile/03407204726188088071noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-7251198142700412832017-07-16T06:26:02.178-04:002017-07-16T06:26:02.178-04:00I’m student of BBA and studied banking &amp; fina...I’m student of BBA and studied <a href="www.businessstudynotes.com/category/others/banking-finance/" rel="nofollow"> banking &amp; finance </a> as subject, now I’m thinking about to choose it as specialized subjects. My personal interest is in banking, which is allowing me to go through it. Thanks for sharing such an informative post. Keep it up.zahid khan jadoonhttps://www.blogger.com/profile/07525763517172715611noreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-37065256215064979142017-07-15T14:49:30.357-04:002017-07-15T14:49:30.357-04:00Implied ERP on July 1, 2017= 4.62% (Trailing 12 mo...Implied ERP on July 1, 2017= 4.62% (Trailing 12 month, with adjusted payout), 5.13% (Trailing 12 month cash yield<br /><br /><br />Why do you use the trailing and not implied ERP in the above postAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-65476931511807506852017-07-15T14:33:04.661-04:002017-07-15T14:33:04.661-04:00accenture has considerable revenues in North Ameri...accenture has considerable revenues in North America. You should check the 2016 annual report or 10-KAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-69802221668331361692017-07-15T14:31:58.534-04:002017-07-15T14:31:58.534-04:00accenture: Net Revenues by Geographic Region (2016...accenture: Net Revenues by Geographic Region (2016)<br />Net revenues by geographic region for the full fiscal year were as follows:<br /> North America: $15.65 billion, compared with $14.21 billion for fiscal 2015, an increase<br />of 10 percent in U.S. dollars and 11 percent in local currency.<br /> Europe: $11.45 billion, compared with $10.93 billion for fiscal 2015, an increase of<br />5 percent in U.S. dollars and 11 percent in local currency.<br /> Growth Markets: $5.78 billion, compared with $5.91 billion for fiscal 2015,Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-89360269753122999182017-07-15T08:45:12.331-04:002017-07-15T08:45:12.331-04:00On an unrelated note, what&#39;s your take on the ...On an unrelated note, what&#39;s your take on the forthcoming Saudi Aramco IPO? A $2 trillion valuation seems a bit optimistic given the likely corporate governance issues and assumption of unprofitable contracts with Saudi gov&#39;t.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-52098865541110264722017-07-13T13:10:31.296-04:002017-07-13T13:10:31.296-04:00&quot;In 2014, two companies, Accenture and Seagat...&quot;In 2014, two companies, Accenture and Seagate Technology, reported that all their sales were foreign, making them US companies only in name.&quot;<br /><br />Professor, would you mind clarifying this statement? I read the sentence as implying that all of Accenture&#39;s and Seagate&#39;s revenue are outside the U.S. Which of course makes no sense as my work has used Accenture’s consulting services and I’ve purchased a Seagate hard drive for my P.C., both would be a U.S. transaction. Accenture and Seagate are incorporated in Ireland, perhaps this skews the data? <br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8152901575140311047.post-4790543231256832252017-07-13T12:17:45.924-04:002017-07-13T12:17:45.924-04:00How do we adjust for equity risk when, say, compan...How do we adjust for equity risk when, say, company has 85% of sales abroad, but they&#39;re really just inputs to be mixed in final product for re-export back to home country? I believe this is the case with a lot of the petrochemical exports from USA to Mexico, ultimately coming back into Texas as final products for consumption in USA and Canada. Chris Farhathttps://www.blogger.com/profile/00018035584553258892noreply@blogger.com